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Uncategorized • February 23, 2024

7% Rates Sting Housing… When Will They Drop?

by Jacqueline Chase

Once more, mortgage rates have surpassed the 7% mark, driven by unexpectedly robust US economic indicators. These heightened rates are beginning to influence demand, with 7% representing a significant psychological threshold for prospective homebuyers. The question remains: When can we expect rates to begin their descent?

Steven Thomas, from Reports On Housing, provides comprehensive coverage of all the latest news and statistics.

Click here to watch the video: YouTube Link

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